Date
3-2021
Department
Helms School of Government
Degree
Master of Arts in Public Policy (MAPP)
Chair
David B. VanHeemst
Keywords
Government, Interventionism, Stimulus, Policy, Coronavirus
Disciplines
Public Affairs, Public Policy and Public Administration | Public Policy
Recommended Citation
Wallace, Rachel, "Government Intervention in the National Economy of America" (2021). Masters Theses. 712.
https://digitalcommons.liberty.edu/masters/712
Abstract
In an effort to have an established knowledge about schools of thought around interventionism, there will be a brief overview of recent literatures surrounding the topic. In response to the global pandemic of Coronavirus (COVID-19), the legislative and executive branches of the American government enacted the Coronavirus Aid, Relief, and Economic Security Act (CARES). This research aims to review the nation’s economy and analyze whether the CARES Act was able to foster a stable economy that could thrive, even under unprecedented conditions. Data was collected from the U.S. Bureau of Labor Statistics and transferred into Statistical Package for the Social Sciences (SPSS), which is an efficient and accurate avenue in calculating the Pearson correlation coefficient.
